7 Graham Street, Airdrie, Lanarkshire, ML6 6AB
With a recently refurbished function room this town centre pub has an established food offer and function trade.
The Treasury pub is in a great location in the heart of the main shopping area of Airdrie town centre. The pub offers a good range of beers & lagers and caters for a wide ranging clientele given its location. Karaoke is very popular with locals and is provided on Thursday, Friday and Sunday evening, while live entertainment is provided on a Saturday night. The Treasury has a good daytime trade with a regular bar clientele and also has a good daytime food trade which includes offering breakfasts from 9.30am. A function room is available upstairs with its own separate bar.
The Treasury is a three storey property with the main bar and lounge area located on the ground floor and the toilets located to the rear of the property. The cellar is also located on the ground floor just behind the main bar and the kitchen is well situated just off the main lounge and dining area. Upstairs on the first floor there is a conservatory area which leads out to the beer garden at the rear of the property. There is also a function room located on the second floor with its own dedicated bar.
There is no private accommodation.
|Annual rent||£29,680 per annum|
|Weekly rent||£570.77 per week fixed|
£29,680 per annum, £570.77 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £26,775 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees (associated costs), training fees, working capital and deposit.. Fixtures and fittings may be available to purchase through our assisted purchase scheme.
|Fixtures & fittings||£14,000||Working capital||£5,000|
|Other costs||£800||Total entry cost||£26,775|
Standard Tenancy Agreement
A fixed 5 year term agreement
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||This site is free of tie on wines, spirits, minerals.|
The Treasury is situated on Graham Street in the main pedestrianised shopping area in Airdrie town centre and is in a great location to attract passing trade from local shoppers. The pub attracts customers from a wide area from within the local community given its town centre location, both bar customers and those coming in for food.